Market report, updated

Market Report

Search in the counties of Kent, New Castle, and Sussex, in the school district of Laurel

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Report prepared by coastalhomesteadgroup.com Coastal Homestead Group

Market at a glance

Over the last 6 months, homes sold for 96.3% of list price in 75 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $362K Sold · $354K
$650K$520K$390K$260K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 21 sales in Nov. Last month: 12.

Where the market stands

All homes in this report, by status.

197homes
Active78 · 40%
Under contract33 · 17%
Sold (6 mo)86 · 44%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$436K
Under contract$359K
Sold$324K

Average days on market

Active123 days
Under contract107 days
Sold75 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 78
Average list price $435,978
Avg. days on market 123 days
Avg. price per ft² $215 Based on 45 of 78 homes
Avg. living area 1,877 ft² Based on 45 of 78 homes
Avg. beds / baths 3.2 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

33 homes didn’t report living area and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 45 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

32 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

28740 Seaford Rd$472
235 W 10th St$465
34221 Bi State Blvd$335
12722 County Seat Hwy$300
18729 Laurel Rd$297
Lot 1 Pepperbox Rd$285
6854 Lamb Ct$276

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
103 Gibson AveLaurel, DE 19956 542,120$399,000$1884 days
14940 Trap PondLaurel, DE 19956 321,537$297,000$1936 days
30785 River RdLaurel, DE 19956 321,344$335,000$2499 days
34221 Bi State BlvdLaurel, DE 19956 21864$289,900$33512 days
19848 Lowes Crossing RdMillsboro, DE 19966 321,900$189,000$994 days
Woody RoadLaurel, DE 19956 ———$595,000—4 days
18857 Johnson RdLaurel, DE 19956 421,872$319,900$17018 days
16603 Adams RdLaurel, DE 19956 421,456$345,000$2369 days
101 Sycamore LnLaurel, DE 19956 221,080$190,000$17514 days
Lot 1 Bi State Blvd.Laurel, DE 19956 ———$99,900—4 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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